News
Quake impact on ratings "limited"
The damage costs resulting from the earthquake which struck the New Zealand city of Christchurch on 4 September will have "limited negative implications" for insurers and banks in New Zealand.
Commercial Express goes live with claims handling
Commercial Express’s partnership with Cunningham Lindsey is now live, the company has confirmed.
Aviva warns over cannabis farming
Aviva is warning property owners to be vigilant when vetting potential tenants, as well as inspecting their properties, as cannabis farming continues to rise.
CL revamps property division
Cunningham Lindsey has restructured its property services division with the creation of a regional structure and the appointment of a new national property operations manager.
Ecclesiastical London market business to go into run-off
Ecclesiastical is to put its London market business into run-off.
Axa names mid-corporate head
Axa Insurance has appointed Martin Eyres as head of mid corporate risks.
Brit appoints reinsurance underwriting director
Brit Insurance has announced the appointment of Richard Carver to the role of underwriting director at its reinsurance strategic business unit.
NZ earthquake losses to near £3bn
Reinsurers are set to be primarily impacted by the 4 September earthquake near Christchurch, New Zealand.
CSC member firms fall foul of SMS crackdown
Two members of the Claims Standards Council have been forced out as a result of an investigation into the sending of unsolicited text messages.
LDC set to test market for £70m Davies sale
Private equity house Lloyds Development Capital is understood to be looking to test the market for realising its investment in claims management and loss adjusting firm Davies and may sell if an offer comes to match its price.
Insurers show hands over PI renewals
RSA has confirmed it has closed its doors to new clients looking for solicitors' professional indemnity insurance.
Career development & CSR news: Open GI team cycles along Hadrian's Wall
A team of staff from software house Open GI has raised more than £1000 for Midlands Air Ambulance by taking part in a charity cycle.
Career development & CSR news: LV to expand apprenticeship scheme
LV is set to extend its apprenticeship programme over the next 12 months, following the graduation of 50 staff.
Quantum drops appeal in 'positive' Court of Session ruling
Scottish consultancy firm Quantum Claims has dropped its plan to appeal against a recent Court of Session costs judgment, heralded as "positive news" for the insurance industry.
Blackham: no plans to raid Bluefin for Endorphin staff
Chris Blackham has insisted he has no specific plans to raid Bluefin for staff, despite his new firm appointing a former Bluefin executive to a senior operational role.
Warning over rise in discrimination claims
A law firm has warned insurers and brokers they may be exposed to a rise in claims following implementation of a new "three strikes rule" regarding workplace discrimination, due to come into force on 1 October.
Ward confident on ATE despite Jackson
The after-the-event insurance market is "here to stay", despite proposals laid out by Lord Justice Jackson, according to Abbey Protection.
Editor's comment: An Indian summer?
The proactive stance of the Indian insurance regulator to enhance the professional reputation of its market certainly seemed to be making as many enemies as friends earlier this week, as news broke of two developments — one positive, one rather less so.
Website Review: Endsleigh
In the latest of a new series for Post, web performance monitoring specialist Gomez assesses Endsleigh's website, to see how it performs in a number of key areas and stands up against some of its rivals.
Allianz calls for engineer surveyor registration
Allianz Engineering is calling for the establishment of a national registration scheme for engineer surveyors in a move it claims would support the reduction of industrial accidents and diseases.
CII to revamp Indian regulator agents tests
The Chartered Insurance Institute has been invited by the Indian insurance regulator to overhaul its compulsory agents' test in a development the CII expects will be recognised by — and replicated in — other emerging economic powerhouses.
Mixed reaction for new EU finance bodies
The creation of three new European supervisory authorities and a European systemic risk board has been welcomed by the government.
LV to launch household product in wake of motor success
LV is gearing up to launch a new household product via its broker network in the next few months. The product, which will be rolled out with CDL and SSP, is expected to generate up to £100m premium income over the next two years.
Swiftcover to check history of applicants in fraud crackdown
Swiftcover has said that it wants to crack down on drivers who lie about previous claims to get cheaper insurance by automatically checking the claims histories of applicants.